Home Markets Portland, OR
📊 Oregon · Housing Market 2026

Portland Housing Market Data 2026

Median prices, cap rates, rent benchmarks, and investment outlook for Portland, Oregon — data sourced from Zillow, HUD FMR, and Census ACS.
🔴 Weak Market Median Price:$490,000 Cap Rate:4.0% Vacancy:7.1% 12-Mo Outlook:▼ Bearish
$490,000
Median Home Price
YoY: +0.8%
4.0%
Avg Cap Rate
Cash-on-cash: 4.0%
$2,000
Median Rent (2BR/mo)
YoY: +1.2%
7.1%
Vacancy Rate
High — watch carefully
35 days
Days on Market
Moderate pace
$490,000 / 4.0%
Price / Cap Rate
🔴 Weak Market

📈 Market Analysis — Portland, OR

**Portland 2026 Market Analysis: Defensive Stability Amidst Yield Compression**

The 20

🔮 12-Month Predictive Outlook View All Markets →

Price Trend
▼ Bearish
12-mo forecast: $493,321
Confidence: 92%
Rent Growth
→ Stable
12-mo forecast: $2,023/mo
Confidence: 90%
Emerging Score
38/100
Confidence: 92%
Price Momentum +0.8% YoY (national: +2.3%)
Days on Market 35 days (national avg: 38)
Predictions are rule-based forecasts based on price momentum, rent data, vacancy trends, and population growth. Not investment advice. See full rankings →

🏘️ Rent Breakdown — HUD Fair Market Rents

HUD Fair Market Rent represents the 40th percentile of gross rents paid by recent movers in Portland. Used as a benchmark for Section 8 voucher limits and rental market analysis.

Bedroom Count Monthly Rent (HUD FMR) Annual Rental Income Est. Cap Rate at Median Price
1 Bedroom $1,650/mo $19,800/yr 2.8% est.
2 Bedrooms $2,000/mo $24,000/yr 3.4% est.
3 Bedrooms $2,600/mo $31,200/yr 4.5% est.
* Estimated cap rate uses the 70% rule (30% reserved for expenses). Actual cap rates vary by property and management style.

💰 Cost of Investing in Portland

Cost ItemRate / AmountEst. Annual CostMonthly Cost
Property Tax 0.9% effective rate $4,557 $380/mo
Homeowners Insurance Oregon avg premium $1,200 $100/mo
Total Tax + Insurance Based on median home price of $490,000 $480/mo

These figures reflect state-level averages. Property tax rates vary by county; insurance costs vary by property type, age, and claims history. Source: Tax Foundation (2025), NAIC (2024).

⚖️ How Portland Compares to National Averages

Avg Cap Rate
4.0%
National avg: 5.5%
Below average
Median Home Price
$490,000
National avg: $371,696
Above national avg
Vacancy Rate
7.1%
National avg: 7.6%
✓ Low vacancy
2BR Median Rent
$2,000/mo
National avg: $1,753/mo
Days on Market
35 days
National avg: 38 days
Price Growth YoY
+0.8%
National avg: +2.3%

National averages calculated across all 69 tracked US investor markets. A cap rate above the national average suggests stronger cash flow potential relative to purchase price.

🗺️ Nearby Markets in Oregon

No other markets in this state.

View all Oregon markets →
Related Guides & Resources
BRRRR Strategy Guide Vacancy Rate Calculator Rental Yield Calculator Market Rankings Best Market Data Tools All Markets
📊 Embed This Market Data

Add live Portland market data to your blog, newsletter, or real estate site with a simple iframe embed.

Preview: view embed card →